Lightwave Logic Inc (NASDAQ:LWLG) currently has a daily average trading volume of 631.96K but it saw 2267746 shares traded in last market. With a market cap of 357.32M USD, the company’s current market price of $2.96 came falling about -20.00 while comparing to the previous closing price of $3.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.69 and as low as $2.43. In the recent trading on the day, stock has struck highest price mark of $2.795 while lowest mark touched by it was $3.43.
Taking a look at 20-day trading activity of Lightwave Logic Inc (LWLG) gives us an average price of $3.52, while its current price level is -47.98% below from 52-week high level whereas it is 21.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.08 while that of 200 days or SMA-200 reads an average of $3.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.41% during that period while stretching the period over a month that decreases to 9.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.42 which implies that the stock is in neutral territory.
Over the week, LWLG’s stock price is moving -18.23% down while it is 0.00% when we observe its performance for the past one month. Year-to-date it is -40.56% down and over the past year, the stock is showing a downside performance of -35.23%.
Currently, Lightwave Logic Inc’s total number of outstanding shares is 120.72M. Company’s return on investment (ROI) stands at -60.38% and return on equity (ROE) at -63.69%. Stock’s beta reads 2.05. Stock has a price to book (P/B) ratio of 10.74 while price to sale or P/S ratio amounts to 3248.36. Its return on asset (ROA) is -57.48% on average.
